WitnessWatch Weekly Report #13: How much do witnesses make?

in witness-category •  last year 


DQmSkDm1SG5ihUf1vnmxWjgvb3upq78nwFXpj4bhkJjbF3H.png

Have you ever wondered what witnesses make?

STEEM witnesses are the secret sauce that make Steemit function. Every post you submit, transfer you send, and vote you cast are processed by the witnesses. Being a witness is a big responsibility, and the equipment and maintenance can be expensive and time-intensive. Because of this, witnesses are compensated with SP for every "block" of transactions that they process.

The blockchain, through the witnesses, processes 21 blocks of transactions in each 63-second round. The top 19 witnesses get 1 block every round, with the other 2 blocks being distributed among the other active witnesses according to their ranking.

We want to emphasize that witness rewards do not come from the reward pool. As new tokens are created, a certain percentage is distributed to authors and curators, while the witness rewards are distributed from another percentage. They are two separate pots.

We have run a script that has analyzed every block over the last 7 days to calculate what each witness earned over the week. This post was put together using data pulled from @steemsql, thanks to @arcange. We are happy to subscribe to the SteemSql service as it has become infinitely more reliable and we are thrilled to support @arcange's work.

Vitals

STEEM/USD Conversion Rate at time of analysis: $3.37/STEEM
Dates covered by analysis: April 16th - April 22nd, 2017


Bar Chart

This bar chart shows the distribution of SP earned by witnesses over the last week.

BarSPApr241116.png

As you can see, the earnings drop off significantly for those that aren't in the top 20. This is due to the fact that the top 20 witnesses handle the bulk of the transactions that occur on the STEEM blockchain. Because of this, their overhead is significantly higher, especially as the blockchain continues to grow.


Pie Charts

We have reorganized our pie chart visualizations into earning tiers. This will allow a much clearer picture of the way earnings are distributed to the various witnesses.

Tier 1: Top 20

top20pieApr241116.png

Tier 2: 21-40

2140pieApr241116.png

Tier 3: 41-60

4160pieApr241116.png

Tier 4: 61-80

6180pieApr241116.png

Tier 5: 81-100

81100pieApr241116.png

Tier 6: Under 100

under100pieApr241116.png


Full Table

Here is the full table of results, this totals all witness earnings in SP and the USD equivalent over the last week, sorted by each witness' ranking.

SP USD Value producer ranking
1862.5087396049596 6273.357811999613 @jesta 1
1863.2849917288029 6275.972407690706 @gtg 2
1862.7028235841676 6274.011531480901 @roelandp 3
1862.8968369829263 6274.6650132310015 @good-karma 4
1863.0909636000756 6275.318876326683 @timcliff 5
1863.090904695271 6275.318677921753 @ausbitbank 6
1862.120626298016 6272.050557115766 @clayop 7
1862.7028036462243 6274.011464325322 @thecryptodrive 8
1862.896845265527 6274.665041128706 @netuoso 9
1863.0909433462448 6275.318808107122 @anyx 10
1862.8968768749817 6274.66514759662 @someguy123 11
1862.702817443524 6274.011510797801 @aggroed 12
1862.896928714071 6274.665322202595 @smooth.witness 13
1863.0908325987984 6275.318435084251 @lukestokes.mhth 14
1862.8969001879104 6274.665226119926 @followbtcnews 15
1862.8968624528366 6274.665099019518 @blocktrades 16
1505.819821020343 5071.94749575535 @jerrybanfield 17
1862.5087469804262 6273.357836841881 @pharesim 18
1863.0909132834604 6275.31870684875 @xeldal 19
1543.8352055309158 5199.992054325397 @pfunk 20
1102.082407467378 3712.0670273038468 @curie 21
408.4795758975643 1375.853161925453 @furion 22
397.8066923919938 1339.9044355154854 @riverhead 23
384.22302143254547 1294.1515074797426 @liondani 24
366.7577324475892 1235.3243971619434 @drakos 25
370.63936958442673 1248.3986438153536 @busy.witness 26
189.19055148941572 637.2372912431947 @bhuz 27
339.590903870612 1143.8202701441114 @cervantes 28
329.88836468047293 1111.1398865677093 @utopian-io 29
312.42372628163935 1052.314967573606 @teamsteem 30
287.1969595113739 967.3454149349949 @yabapmatt 31
250.32699323987836 843.1588884403556 @klye 32
233.83254391248187 787.6017893823388 @abit 34
208.60699239345445 702.6363299894051 @blockbrothers 35
195.02223236990966 656.8797337353009 @aizensou 36
196.96301099677035 663.4167225296518 @ihashfury 37
185.3196316980975 624.199143074483 @reggaemuffin 38
178.52794764710987 601.3231891034249 @fyrst-witness 39
172.70612207712554 581.7139415638366 @therealwolf 40
156.21110908435668 526.1549439512027 @patrice 41
155.24170149259993 522.8897562184198 @ocd-witness 42
156.21170106073245 526.1569378637909 @delegate.lafona 43
149.41964856749652 503.27974289449884 @joseph 44
147.479569763333 496.74511126395106 @prc 45
145.53903191047806 490.2089334518295 @rival 46
143.59847744765116 483.67269969350207 @steemed 47
142.6280489447161 480.4040732970612 @nextgencrypto 48
132.92550383016436 447.7236697658745 @themarkymark 49
106.72855643366707 359.4863256365704 @liberosist 50
105.758199976732 356.217941907628 @ats-witness 51
102.84750783170968 346.4140613039995 @adsactly-witness 52
101.87716630224661 343.1457278542161 @arcange 53
97.99633942447397 330.074210339696 @charlieshrem 54
52.394026767453376 176.4751327789395 @noisy.witness 55
96.0555698700584 323.53725210342685 @neoxian 56
75.68017689811903 254.90824223355148 @firepower 57
92.17444957180503 310.4647462812409 @asbear 58
94.11533411820737 317.0020918369696 @steemgigs 59
90.23409012458708 303.92916938033795 @dragosroua 60
81.50177270299308 274.51671587140237 @chitty 62
77.62090313147664 261.44505455453356 @steemychicken1 63
73.73970031432894 248.37227078973217 @boatymcboatface 65
72.76947795360104 245.10433872765765 @sircork 66
64.03715083578076 215.69185255960184 @privex 69
59.1857021439782 199.3510575324117 @justyy 72
56.27509281835452 189.54745588356624 @emrebeyler 75
43.661620013382965 147.0623783776769 @blockchained 79
62.09667953325143 209.15589890428348 @krnel 80
36.86984286083519 124.18611081915093 @guiltyparties 81
37.84027504947428 127.45474962989076 @b0y2k 82
33.959242864170655 114.38254059238552 @jacor-witness 83
33.95917451091909 114.38231036291302 @helo 85
33.958933982967174 114.38150020944953 @jatinhota 86
32.988771672762624 111.11377041134925 @ura-soul 87
32.018673534575036 107.84625675936168 @felixxx 88
32.98898268856399 111.1144811611019 @block-buster 89
29.107627756903913 98.04118503963647 @stoodkev 90
32.018638767516705 107.8461396559128 @demotruk 91
30.078005334440157 101.30963990762137 @qurator 93
28.13740686698248 94.77325793157641 @mahdiyari 94
31.048211577233793 104.57751768078619 @steem-bounty 95
29.107637047203507 98.04121633150227 @sc-steemit 96
29.10759281588939 98.04106735026312 @yuriks2000 97
1.940177017488202 6.534962435614287 @bue 98
27.167249583248445 91.50554506378491 @bitrocker2020 100
26.197077197264605 88.23778132814256 @chainsquad.com 102
17.464454569616763 58.82429981502027 @jackmiller 103
25.226768175065573 84.96955737030112 @masteryoda 104
23.286095248949763 78.43292460037006 @yehey 105
21.345677404776573 71.89715100509059 @swelker101 106
21.345741256973806 71.89736607397688 @anarcho-andrei 107
13.584311866737334 45.75508675890069 @steemitboard 110
16.49449379864883 55.55724884742295 @jrswab 111
15.52413529725095 52.28885823225957 @samrg472 112
15.524086350491832 52.288693368317105 @intelliwitness 113
15.524204047637836 52.28908979937519 @silversteem 114
14.55391424390815 49.02093057375875 @steemcommunity 115
14.55386515657152 49.020765236318894 @hagie 116
10.672819299407077 35.9485101488419 @quochuy 117
10.67297634022883 35.94903909844896 @fubar-bdhr 118
9.70257842486476 32.680515727982225 @sempervideo 120
9.702544186734992 32.6804004060864 @enginewitty 122
9.702529337528073 32.68035039054218 @jamzed 124
8.732426230859199 29.41282000356688 @valorforfreedom 127
8.732239746421492 29.41219188108926 @isnochys 129
7.762057901447055 26.144396285391014 @viva.witness 130
7.762087241387546 26.144495109058774 @davinci.witness 131
7.76216097079683 26.144743446667007 @windforce 132
5.821434196216881 19.607929302723587 @castellano 133
6.791802467639116 22.876352825576102 @cloh76.witness 135
3.8810756258675876 13.072355355315985 @moisesmcardona 136
5.821493101021326 19.60812770765306 @skenan 139
3.880938153207563 13.07189231577831 @fbslo 140
4.851144378432163 16.339770029766562 @gridcoin.science 143
4.851247567271054 16.340117593509383 @pcste 145
4.851365359308374 16.340514344183244 @steemhq.witness 147
3.8811491725246965 13.07260307737286 @evildido 149
3.881065724052509 13.072322003725382 @bobdos 154
2.9108005571250275 9.804245760525232 @wehmoen 156
2.9107760292716214 9.804163145073554 @ety001 157
1.9405058815632816 6.536070125457893 @zappl 160
2.9106925860691693 9.803882089175758 @vesteem 162
2.9107760029128853 9.804163056291268 @cryptohazard 163
1.940496067610353 6.53603706980722 @crt 164
2.9107367699445597 9.804030910630365 @yanosh01 172
1.9404862642006029 6.536004049668397 @glowhost-matt 173
0.9701817588716928 3.267795305684402 @justinadams 189
0.9702554039346718 3.2680433591948796 @exnihilo.witness 205
0.9702603126684565 3.268059892939275 @beerbot 223


DQmQPRBLmhWag36FBxYVNJNKZRUsBbpPeZvm7FVixnWVXhk_1680x8400.png

As always, the data presented above is meant to allow Steemians to make more informed decisions on the witness votes that they cast. Stay tuned for more data soon!


Let us know what data you would like to see! Vote responsibly!

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Sort Order:  

Hey WW, what is the "time period" of your week? Is it sunday to saturday, midnight to midnight, so to speak, for an exact 7 day week every week?

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Hi @sircork, it starts at 12:00 on Monday morning and goes until 11:59 on Sunday night.

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  ·  last year (edited)

I love you right now, this makes it easy to do our team cost/income split reporting weekly.

NEVER abandon this project, and if you do, I'm first in line to save it from death and add it to a suite of tools I am starting to build out myself as witness contributions to the chain, the first of which I hope to announce next week (or so, depending on distractive work in between on other things too.) :)

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Glad this is helpful! Hoping to add some new reports to the mix, but (as you said) distractive work gets in the way!

Hi, can you get in touch with me via Discord, need a favour.

Nothing major, just a once off figure/answer.

If you could do that for me, would much appreciate it.

Thanks

Jack

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Just sent you a DM

Thank you very much for sharing these witness statistics
Thank you for making this transparent.

@ats-witness looks like you need to get in the top 20 son!